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Authenticity is Everything
TPA Relationships with Auction Houses
Starting to see a disturbing trend in this hobby. We have TPAs working “exclusively” with certain auction houses. While Heritage for example Accepts from PSA, JSA, BAS, etc. Houses like Rockhurst and Retailer Mill Creek Sports seem to be in bed with Steve Grad and Beckett. R&R with Epperson and Real!, etc. I see less diversity and multiple COAs and more single-sourced from the same TPA who clearly is getting paid to authenticate hundreds upon hundreds of pieces. I wonder if this is affecting the integrity of what’s being placed in the market?
Replies to This Discussion
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Permalink Reply by Eric Keith Longo on
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No matter the source one should rely on one's own skill base and knowledge, any papers or not.
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Permalink Reply by Doug James on
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Agreed but for the purpose of resell, PSA, BAS bring incredible premiums and are essentially required to get maximum investment potential.
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I never needed any of that. YMMV. PSA/DNA would still be passing forgeries of Gleason were it not for my work with them.
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This signed vintage promo by Greg Gorman was $70 on eBay and I sold it for $800 instantly. No papers needed. Eventually RR offered the same piece with pre-cert and got substantially less.
This was $68 in broad daylight, sold again at a hefty profit w/o any papers.
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That’s excellent, but it’s an anomaly. It’s not the standard experience for buyers and resellers.
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Not an anomaly for me as I have done it repeatedly. Here is another, under $100 and resold.
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Permalink Reply by Eddy on
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I once purchased a signed rarity for $50 on eBay and sold it relatively quickly for $2250 when I listed it. I didn't have it TPA'd. I've occasionally wondered what it may have achieved if I had.
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I once bought a photo for 10 cents and had it sold for $300 and published with credit to me in a well received book in under a week.
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I congratulate you Eddy. In the last month I turned $50 into $250o with a single artifact.
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And plenty of people have purchased $2500 of autographs only to learn they were holding $50 worth of good forgeries. It’s not all roses.
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And some % of those may have had papers...it is not all roses, that TPA game.
Below a stickered blatant forgery:
Your point is well taken. For many, a slab will do what you say.
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Permalink Reply by BallroomDays67 on
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I would also imagine that plenty of people have been told by a TPA that they were holding $50 worth of good forgeries when they’re actually holding $2,500 worth of autographs.
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